Posted on | February 18, 2010
WHO PAYS FOR A NURSING HOME STAYS?
There is a common misconception that Medicare pays all the costs of nursing home stays. In fact, Medicare covers skilled care in a nursing facility under certain very strict conditions for a limited time. For example, to qualify, your doctor must have ordered daily skilled care.
If you qualify for Medicare, you pay the amounts below for each benefit period following at least a 3-day covered hospital stay:
Days 1-20: $0 for each day.
Days 21-100: $133.50 for each day.
Days over 100: 100 percent of the cost.
Medicaid takes over after personal savings and assets are exhausted.
Source: www.medicare.gov
NEED MORE INFORMATION?
Medicare: (800) 633-4227
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